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Home Tag Archives: Transmission Company of Nigeria

Tag Archives: Transmission Company of Nigeria

Energy

National power grid collapses… 3rd time in a month

By Contributor
9 April 2022
in :  Energy, News
0
90

The national electricity grid collapsed again on Friday evening, making it the third time within a month. Some power distribution companies confirmed the development in separate messages on that same day. The Abuja Electricity Distribution Company stated that the collapse had resulted in power outage in its area of operation, which covers Niger, Kogi and Nasarawa States as well as …

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Business

Finance Minister rues N1.3t power intervention fund; ‘No significant impact’, she says

By Contributor
5 April 2022
in :  Business
0
96

The Minister of Finance, Budget and Planning, Mrs Zainab Ahmed has lamented the N1.3 trillion electricity intervention fund provided by the Nigerian government did not make significant impact. Five years ago, the Federal Government approved N701 billion as a power assurance guarantee fund for the Nigerian Bulk Electricity Trader (NBET) to pay for two years the electricity produced by the …

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News

Blackout: National grid suffers 2nd collapse in 2022

By Contributor
14 March 2022
in :  News
1
104

For the second time this year, the national grid suffered a collapse on Monday resulting in blackout across the country. The states affected included Lagos, Enugu, Kaduna, Abia, Anambra, Ebonyi, Enugu and Imo. In a text message to its customers, the Eko Electricity Distribution Company in Lagos informed that the system collapse occurred on the national grid at 10:40 am. …

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